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HIGH-ADR BOUTIQUE HOTEL OPPORTUNITY 2 Hospitality Properties Offered at $13,432,525 CAD in Bar Harbor, ME
Investment Highlights
- Fee simple interest in the 31-key Queen Anne’s Revenge, a unique nauticalthemed boutique hotel located in the heart of downtown Bar Harbor
- Offered unencumbered by franchise agreement or management, providing optionality for third-party management or a high-touch owner-operator model
- Recent renovations to building and mechanicals allow for opportunity to drive increased rates through investment in guest-facing amenities
- Diversified accommodation mix featuring a blend of traditional guestrooms and private cottage-style suites
- Lush, campus-style grounds offering a secluded “estate” feel that stands out in Bar Harbor’s increasingly dense core
- Exceptional “High-Barrier” market as Bar Harbor’s strict zoning and lodging moratoriums effectively cap new inventory
Executive Summary
The Queen Anne’s Revenge represents a branding and operational value-add opportunity with the scale of a boutique hotel and the “feel” of a high-end bed & breakfast. Against the backdrop of recent hotel development moratoriums, this modernized asset with updated building and mechanicals allows an investor to buy into a premier location and increase the value of their equity through targeted guest-facing renovations, brand building, and expansion of food & beverage business. By elevating the property’s brand identity and optimizing its digital presence, a new owner can capture greater market share in Bar Harbor’s high-end boutique hospitality segment.
Property Facts
| Price | $13,432,525 CAD | Number of Properties | 2 |
| Price / SF | $400.56 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 33,534 SF |
| Status | Active | Total Land Area | 1.16 AC |
| Price | $13,432,525 CAD |
| Price / SF | $400.56 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,534 SF |
| Total Land Area | 1.16 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Queen Anne's Revenge Inn & Suites
39 Holland Ave, Bar Harbor, ME 04609 |
Hospitality | 30,671 SF | 1885 | - |
|
The Holland Inn
35 Holland Ave, Bar Harbor, ME 04609 |
Hospitality | 2,863 SF | 1900 | - |
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HIGH-ADR BOUTIQUE HOTEL OPPORTUNITY
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